This is Part 3 of a Business Essentials Series: Part 1 | Part 2 Love it or hate it, networking is essential for small business owners. The end goal is business growth. Networking does not have to start at a trade show or event, and networking…
Benefits of Account Receivable Funding for Small and Medium Businesses
Small and medium businesses are the backbone of the American economy. Statistics put small businesses, businesses with less than 500 employees, at about 99.7% of all businesses in America. With such a huge number, small businesses seem to be thriving all across the country. But this…
What You Need to Know About Invoice Factoring Services in the United States
Starting a business is difficult, and it’s even harder to grow that business with the right sources of funding. One of the major risks of growing a small business, regardless of your positive improvements, is a lack of cash flow. If you don’t have collateral to…
When Will the Next Recession Be?
How can we predict a recession? Why am I hearing that there will be another recession soon? What can I expect from my business financing during a recession? How do I best prepare for a recession? How can we predict a recession? Well the short answer…
Eagle Eye: Online Loans or Invoice Factoring
We see a lot of small business owners shopping around for financing, and many mention online lenders. Sometimes, yes, a short-term online loan can be helpful for an entrepreneur in getting the capital needed for scaling their business. Yet, we see many business owners getting swept…
How Artificial Intelligence Is Changing Business | #TheMoneyFactor EP 013
AI or artificial intelligence – what are the benefits for your business? I’m not a technology expert so what are some of the benefits of AI for my business? So artificial intelligence is in the news a lot these days, you’ve probably seen it, Amazon…
Tips for Growing Your Small Business
Small businesses aren’t always easy to run, but they play a big role in our economy and actually account for over 99% of all businesses throughout the country. Unfortunately, many fail due to problems with cash flow. If you are looking for ways to help your…
How To Push Past Growth Plateaus
Causes of Plateau Business plan ill-equipped to support growth Lack of Personnel Financial Constraints Market Competition Growth plateaus are common for any business. Typically, they are a part of the small business growth cycle: expansion, plateau, expansion. Prolonged plateaus could be indicative of a more serious…
Invoice Factoring for Staffing Companies
Staffing factoring is crucial to a staffing company’s balance sheet. Payment terms with clients mean a gap in available working capital for staffing businesses. Your employees need to be paid on time, but you are waiting for your clients to pay. Here is where invoice factoring…
Online Business Loans
According to the SBA, business owners borrow $600 billion each year. Advancements in technology and the 2008 Recession causing large banks to extend less capital to entrepreneurs has led to a rise in the market share of online lenders. These online loans are positioned as quick…